May the forex be with you...

man i felt like gbp/yen was stalling out there and showing strength glad i got the hell out with 50 on that trade. 

Buck,

Still here and I don't have the computer to update, this is from my blackberry, so I have been monitoring via the web phone. By tues I will be back to having a computer with my platform on it.

Were you able to average more on LB/Yen Wall or are you out ?...ill be on more next week as well,i didnt get to post much i was dead tired all week and worked two different schedules...im working nights Monday for sure but ill be on anyhow..

Nice trades Pap you cleaned up last few days

https://www.bloomberg.com/apps/news?pid=20601087&sid=a7EtmcVuIwwQ&pos=7

 

"The lender, based in the city of Cordoba, Spain, and controlled by the Roman Catholic Church".....i thought everybody knew god was bad with $$$$$...

u know its getting bad when they're repossessing the popes car lol 

hey walls whats the margin on deltastock the other day i was helping set-up my buddies account and i thought it was 200-1 for margin is that correct ?? 

Wall wont be around until Tues but they offer 100 or 200 to 1....i think

dont post much but i have been keeping in eye on this post for a little while I have some free time so I figured i would join this discussion, sold GBP/USD at 1.4477 for a qty of 10. I see it making  a run down to 1.4450 in the next 2 to 3 hours. any opinions

 

gonna be watching the gbp/jpy here i think walls will be good on this trade this week. theres a bigger downtrend going on here but i think gbp goes to 135 this week sometime before it comes back down. the ftse is up about 50 pts all of the euro markets are up and i'd bet the usm will be up today. risk is going to be on today it seems. looking to get in long on the next spike down here 

High i didnt see your post until just now....good trade,hope you join us

Pap Wall is prob already close to even i think...we talked through some PMs and i think he bought more near the lows[126]so he should be in great shape

Pap pulling a FIB on the last move....we should see 135.28 this week

long 3 lots gbp/jpy 138.86  Lets get em. looking for 100pips on this trade theres a 40day ma right above my limit price 

I see it made a low of 14451 at 1:45am or so did you get out or did you miss by the spread?

Pardon me for asking but are we talking mini lots at a $1 per pip or micro lots or what?

gonna go workout for a little bit see u guys in an hour. hopefully they run the euro markets back up, looks like the sold off a bit. 

I think youll be fine...im crashing out for tonight be back on after a nap...

 i should put a buy order in before i lef. I coulda averaged and been plus money here, oh well

man this pair is stuck like a magnet to the pivot 130.58 area

well the euro markets are red now the ftse took a plunge just now gonna wait and see on averaging. looks like the lb is holding up here at its last low which i think is a sign of strength. 

no strength it was takin a breather. not gonna average on this baby for a while she could really shoot down from here. 

sorry just woke up to check what happened i bought back at 1.4399. for a nice 780$. I trade with mini lots at first, just to get my feet wet with it so now there is more money in the account so I usually do more then the standard units.

I just sold usd/jpy at 90.44 for a qty of 10, i see it making a run down to $90-89.60 level in a few hours. will see what happens tho

High IDK how long you been doing this or anything but starting with several lots can lead to trouble pretty quick..always keep in mind price per lot so you can figure out your margin...again IDK your exp level or the $$$ amount in your account but starting with 10 lots means $1,000 in margin is already used in your account more if youre trading some of the other pairs..

Im sure by reading our threads youve seen we dont take losses here,we average our way out of trades...thus we start with a lower # of lots and this gives us room to average up/down..GL sir nice trades so far

Pap you need LB/JPY to close this daily candle above 130.70s to keep the move up alive..if it can pull this off i think she runs to 13390s b4 close of tomorrows candle

https://yfrog.com/eslbjpy1g

 

LB/JPY looking to cross again on the 4hr but as you can see the crosses have been rejected or have just turned and brought another cross to the downside in a candle or two...price action not having any run after these crosses...daily chart looks great as well

ugg i was gonna take a 10 pip lose on this so i could re-enter but said to hell with it a little before usm closed shop. coulda got back in 115 pips better on it.

Yet another cross rejected....thats like 8 just going back the last few weeks on a 4hr...

Tha daily is a nice chart though,i think youll be ok

added 3 lots @ 129.16 moved my average down to 130.01 and set limit for 100 pips 131.01